Coins-profits.com is reported for being a crypto scam. A legitimate website typically displays the business address, but no such information appears on any of the pages. The website content is copied from other similar scam websites. The company name under which the website operates isn’t real. The profit guarantee plans offered on the website are sham. Evidence suggests that it is operated from a foreign country. Many pages contain default content and placeholder text. The project lacks social media accounts. There are no phone numbers for customer support on the website. Legitimate reviews about this project are unverifiable and absent. The domain name was registered only 28 days ago at the time of this report. What is a crypto investment scam?
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|❌ No Address Found
❌ Fake Business Name
❌ Foreign Company
❌ No Social Media
❌ No Reviews
|❌ Copycat Content
❌ Fake Profit Guarantee
❌ Unfinished Website
❌ No Phone Numbers
❌ Recently Registered
Date of registration: January 07, 2024
Expiration: January 07, 2025
First detected: February 04, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu
Hosted by: Cloudoon.com
What is a crypto investment scam?
Cryptocurrency investment scams have become a global issue, with fraudulent schemes luring investors with the promise of exorbitant returns that are often touted as guaranteed daily or weekly profits. These operations are typically based in countries that serve as digital crime havens, strategically chosen for their lax regulations and the difficulty they pose to international law enforcement. By setting up shop outside the jurisdiction of the United States and other countries with stringent financial regulations, these scammers can operate with relative impunity. The offshore nature of these scams provides a shield for the perpetrators, allowing them to operate under the radar of authorities and making it exceedingly difficult for them to be brought to justice.
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For victims, this presents a significant challenge in recovering any lost investments, as the scammers can quickly vanish or exploit the complexities of international legal systems to their advantage. The elusive nature of these criminals, coupled with the borderless realm of the internet, creates a perfect storm that enables these fraudulent schemes to thrive and target unsuspecting investors around the world.
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